SpaceX plans to raise $50 billion in an IPO targeted for June, a report said. Elon Musk (일론 머스크) decided on the timing of the listing by taking into account his birthday and a planetary alignment.
On Jan. 28 local time, blockchain outlet Cryptopolitan said SpaceX is pushing the listing to coincide with a planetary alignment that includes Jupiter and with Musk's birthday.
SpaceX plans to raise its valuation to $1.5 trillion through the IPO. It is expected to surpass Saudi Aramco's $29 billion listing in 2019 to become the largest on record.
Musk is directly involved in key decisions at SpaceX, and this listing also appears to reflect his personal interests. That is similar to when he hinted at April 20, a date associated with marijuana culture, by mentioning a share price of $420 when he announced plans to take Tesla private.
But some investors are concerned a June listing is an overly fast schedule. SpaceX has not yet filed an S-1 with the U.S. Securities and Exchange Commission, and it also needs a roadshow for global investors. In addition, President Donald Trump's tariff threats and the Federal Reserve's interest rate policy are increasing market volatility, adding uncertainty to the IPO timetable.
SpaceX is pursuing a listing because it needs funding to develop the Starship rocket and expand the Starlink satellite network. It discussed a private share sale valued at $800 billion last year, double its previous $400 billion valuation. Musk is also said to be considering combining SpaceX with xAI to strengthen AI competitiveness and even reviewing investment from Tesla.